YaGuang Technology Group Balance Sheet Health
Financial Health criteria checks 4/6
YaGuang Technology Group has a total shareholder equity of CN¥2.6B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥6.0B and CN¥3.4B respectively.
Key information
67.9%
Debt to equity ratio
CN¥1.76b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥265.72m |
| Equity | CN¥2.59b |
| Total liabilities | CN¥3.40b |
| Total assets | CN¥5.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300123's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300123's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥502.7M).
Debt to Equity History and Analysis
Debt Level: 300123's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: 300123's debt to equity ratio has increased from 27.4% to 67.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300123 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300123 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.8% per year.